News
Adjusting body warns insurers over fees
The Chartered Institute of Loss Adjusters has warned that its members will struggle to maintain service levels during widescale claims events unless there is a review of how firms are paid.
Groupama Healthcare enhances Sante product
Groupama Healthcare has made enhancements to its private medical insurance product, Santé by Groupama Healthcare.
Primary readies for D&O and PI push with appointment
Primary General has been apointed Jonathan Drew to take responsibility for its soon to be released professional indemnity and directors' and officers' products.
Insurer outlines plans for fine art push with XL underwriter swoop
Specialist insurer Ecclesiastical has appointed Clare Pardy as fine art underwriting manager.
CII sees membership boost
The Chartered Insurance Institute has announced its best year for membership growth since 1935.
NU's Deakin hails latest broker success
Norwich Union has acclaimed its new broker initaitive a success.
Motor specialist reorganises around three key areas
Claims solutions provider Audatex UK has announced a new commercial organisation tasked with reinforcing its "relationship with customers across the claims community".
Marsh in D&O warning
Marsh has warned UK executives of the impact plea bargains in the US could have on their indemnity and directors’ and officers’ insurance.
Price comparison website launched by Drakefield
Travel insurer Drakefield Insurance Services has announced the launch of a new aggregator site, whichpolicy.co.uk.
Benfield exec in £1m share sale
Paul Karon, the chief executive of Benfield's US division, has sold over a £1m worth of shares in the company, more than half his shareholding in the firm.
London market broker chief resigns
BMS today announced the resignation of John Spencer from his position of group chief executive of BMS Associates.
Product recalls hit new high
The number of product recalls in the UK has hit a new high of 190 in the last year (up from 179 in the previous year) as problems with products sourced from China mounted, according to law firm Reynolds Porter Chamberlain.
Guy Carp to open in Prague
Reinsurance broker Guy Carpenter has announced that it will be opening an office in Prague on 1 March 2008,. The new office will be part of Guy Carpenter's Central and Eastern European broking operations and will service clients in the Czech and Slovak…
Aon boosts electronic trading
Aon has completed as much as 80% of its 1/1 treaty reinsurance renewal placements electronically in December.
Gen Re execs worried about AIG's accounting while hatching finite Re deal
HARTFORD, Conn. January 11 (BestWire) — At the headquarters of General Reinsurance Corp., in Stamford, Conn., Richard Napier and a handful of key executives were frustrated. Maurice "Hank" Greenberg wanted a response within weeks, but they weren’t sure…
Underwriting agency boasts most comprehensive list of trades in the market
Ink Underwriting Agencies has launched a new product, Capita Plus specifically created to cover a wide range of trades and professions, including many high risk trades, such as roofing and scaffolding.
Adjuster wins solus claims deal
Loss adjusting group AMG has been selected by 3XD as its sole property claims adjusting provider. It is the first time that 3XD – a specialist insurance provider to intermediaries – has appointed an adjusting firm to handle its property claims.
Home and Legacy launch new Let product
Home and Legacy has launched a new let product for brokers – a scheme offering cover through intermediaries for let properties.
Erinaceous confirms it may sell insurance business after "significant" interest
Property giant Erinaceous has confirmed that it may sell its insurance division, Erinaceous Insurance Services.
Highway launches Choice Home to CDL brokers
Broker-only insurer Highway Insurance has launched a new home insurance product following a successful pilot during which over 6,000 policies were sold. The product will be available via CDL with immediate effect.
Chubb launches warranty-free commercial package product
Chubb Insurance has launched its new MasterPackage commercial policy designed to address the commercial insurance needs of customers in one contract. Chubb has made more than 50 improvements to its existing product.
Oxygen targets employee benefit business with new facility
Oxygen Insurance Managers (Oxygen), the London intermediary’s managing general agency operation, has launched a corporate personal accident and travel insurance facility that plans to target corporate employee benefits business.
Home and Legacy launches let product
Home and Legacy has launched a new let product – a scheme offering cover through intermediaries for let properties.
Broking giant outsources 650 jobs
The Capita Group Plc has been selected by Marsh as preferred partner to transform and deliver Marsh's services, based in Norwich in a move that impacts 650 jobs.